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Transactions with Affiliates
6 Months Ended
Jun. 30, 2015
Related Party Transactions [Abstract]  
Transactions with Affiliates
TRANSACTIONS WITH AFFILIATES
LP has an equity investment in Abitibi-LP, a manufacturer of I-joists with Resolute Forest Products. LP sells products and raw materials to Abitibi-LP and purchases products for resale from Abitibi-LP. LP eliminates profits on these sales and purchases, to the extent the inventory has not been sold through to third parties, on the basis of its 50% interest. For the quarters ended June 30, 2015 and 2014, LP sold $2.5 million and $2.7 million of products to Abitibi-LP and purchased $13.4 million and $16.0 million of I-joists from Abitibi-LP. For the six months ended June 30, 2015 and 2014, LP sold $4.2 million and $5.2 million of products to Abitibi-LP and purchased $23.8 million and $28.2 million of I-joists from Abitibi-LP. Included in LP’s Consolidated Balance Sheets at June 30, 2015 and December 31, 2014 are $1.2 million and $0.7 million in accounts receivable and $0.6 million and $0.4 million in accounts payable associated with Abitibi-LP.